Agiliance, Inc. Expands Board of Advisors.

IT-GRC Leader Adds Five Additional Luminaries to Its Board of Advisors, Highlighting the Relevance of IT Governance, Risk and Compliance for Today's Businesses

SAN JOSE, Calif. -- Agiliance, Inc., the leading provider of IT Governance, Risk, and Compliance (IT-GRC) solutions, today announced the addition of five technology industry luminaries to its board of advisors. The board already consists of high powered individuals that offer Agiliance deep domain expertise in security, financial services, information technology, and intellectual property. New advisors Bob Ciccone, Charles Breed, Andrew Nash, Bryan Palma, and Dev Ghoshal not only deepen the existing expertise of the advisory board but also offer a wealth of knowledge and experience in key areas of operations, strategy and eco-system development. Their contributions will aid the company's success as Agiliance transitions into the next phase of its development and cements its position as the IT-GRC thought and market leader.

"Agiliance is a company with the right team in place solving the right problems at the right time," said Charles Breed, Vice President of Corporate Development at Business Objects. "Add to that the fact that Agiliance has developed an outstanding product and that gives a strategic advisor a lot to work with. It's not very often that you find a company with all those elements aligned, which is why I anticipate my relationship with Agiliance will be deeply rewarding and a lot of fun."

"Having worked closely with members of Agiliance's executive team in the past, I am not surprised at the company's success or that its solution is so well regarded," said Bob Ciccone, technology entrepreneur. "If history repeats itself, the best is yet to come, and I am looking forward to witnessing and supporting the company's future success."

The newest members of the Agiliance Board of Advisors are:

Charles Breed is Vice President of Corporate Development at Business Objects, an SAP Company, where he is responsible for strategic transactions and integration with SAP. Breed brings to Agiliance's Advisory Board tremendous experience at both the board and operations level. He has experience in creating revenue growth and market expansion through inorganic methods, including mergers and acquisitions. Over the past ten years, he has managed the acquisition of more than 20 companies valued at over $500 million. Prior to SAP, Mr. Breed was a key member of Symantec's M&A team. Mr. Breed also held executive positions at Securify and McAfee/PGP, and product marketing positions at Cisco and Hewlett-Packard. Mr. Breed holds an MBA from the University of Phoenix and a BS from the University of San Francisco, and is a Certified Information Systems Security Professional (CISSP).

Bob Ciccone is a seasoned information technology executive with 25 years of varied experience in large corporations, consulting firms, and venture-backed startups. Mr. Ciccone's well rounded experience includes executive level positions in the high-tech public companies EDS/A.T. Kearney and Oracle, and in two security start-ups, ArcSight and Cydelity. He also held a leadership role in General Motors "e-GM" electronic commerce business. Early in his career, Mr. Ciccone was a management consultant at Booz-Allen and a systems consultant at Andersen Consulting (now Accenture).

Dev Ghoshal is General Manager for Global Practices at Microsoft where he is responsible for building a portfolio of practices around developing technologies such as virtualization, unified communication and business intelligence. Mr. Ghoshal, who prior to Microsoft served as interim vice president of Business Development at Agiliance, brings more than 15 years of experience in consulting, technology and P & L management to Agiliance. Earlier in his career, Mr. Ghoshal spent five years with McKinsey & Company, a global strategic consulting company. He then joined i2 Technologies, where he served as Vice President, EMEA and Senior Vice President of Global Solution Delivery and Business Development. Mr. Ghoshal holds a Bachelor of Technology from the Indian Institute of Technology (IIT), Kanpur; a Master of Science from Texas A&M University; and an MBA from the Wharton School of Business.

Andrew Nash is the Co-Founder & CEO of Pseuds, Inc., a privately held enterprise with patented technology that will launch publicly in 2008. Mr. Nash brings a wealth of unique knowledge and expertise based upon more than 24 years of experience with a variety of companies. Mr. Nash has been CEO, President, and has performed numerous CxO functions including Chief Operating Officer at BroadVision; EVP and Board Member at Baan Company; as well as a former Global Partner at Deloitte Consulting. He has extensive leadership and operational experience throughout Asia Pacific, Europe and the Americas. He currently serves on the boards and advisory boards of multiple privately held technology companies.

Bryan Palma is Vice President, Global Information Security at EDS. He is responsible for driving growth, competitiveness and quality through end-to-end product development and delivery across EDS' Global Information Security service. Prior to EDS Palma founded Ponic, a strategic advisory firm focused on helping organizations improve information risk capabilities. Prior to founding Ponic, Bryan served as PepsiCo's Chief Information Security Officer. Before joining PepsiCo, Bryan was a Special Agent with the United States Secret Service assigned to the Washington DC Field Office. He earned a Bachelor of Arts degree from the University of Richmond, a Master of Education degree from the University of Maryland, and an M.B.A. from Duke University's Fuqua School of Business.

"We've had a phenomenal trajectory over the past 18 months and our new advisory board members are indicative of our maturity," said Patrick J. Conte, CEO, Agiliance. "Collectively, our advisors provide us with expertise that spans a vast spectrum of skills, relationships and experience. We will rely on their guidance and support as we build out the IT-GRC eco-system, extend our thought and market leadership, fulfill complex enterprise deployments, and of course, manage our rapid growth."

About Agiliance, Inc.

Agiliance offers the most comprehensive and scalable solution for managing the interdependent disciplines of IT governance, risk, and compliance. Its flagship product, Agiliance IT-GRC, enables businesses to develop a holistic view of their IT risk and compliance posture in order to make better business decisions. The Agiliance IT-GRC platform is the first solution that combines a robust common control framework with sophisticated policy management, workflow and automation, providing internal and external stakeholders with a highly effective, transparent methodology for reducing IT-related risk while increasing operational efficiencies and decreasing time-to-compliance. Founded in 2005, Agiliance is headquartered in San Jose, California and is backed by Walden International, Intel Capital, SVIC, and Red Rock Ventures. For more information, please visit Agiliance at www.agiliance.com.